Radius Health Inc. set a price of $19,500 per year for its newly approved osteoporosis drug Tymlos (abaloparatide), which the company believes will improve access to the daily injectable medicine for cost-sensitive patients – and which may help it gain market share from an established product.
Radius Prices Osteoporosis 'Blockbuster' Tymlos To Compete, Grow Market
At $19,500 per year, Radius Health's Tymlos (abaloparatide) is priced to compete with Lilly's similar, but well-established drug Forteo. The company hopes to increase the size of the osteoporosis market to achieve its blockbuster sales goal, but at least one analyst has her doubts.
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